Nairobi, Nov. 6 -- Global economies continue to reel from the domino effect caused by Covid-19. The contagion has particularly ravaged the East African economies, some of which were struggling even before the advent of the pandemic.
A recent report by Deloitte, Economic impact of the Covid-19 pandemic on East African economies: Summary of government intervention measures and Deloitte insights, Kenya Revenue Authority is projected to record a sharper decline in revenue collections on the back of the pandemic which has disrupted businesses and the labour market.
Tanzania's economy, mostly dependent on tourism, has been adversely affected by travel restrictions and closed borders.
In Rwanda, taxable avenues in travel, hospitality, entertain...